Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and plastic for the past year follows:
What is the price variance for steel used to manufacture the trains?
A) $625 favorable
B) $103 favorable
C) $625 unfavorable
D) $103 unfavorable
Correct Answer:
Verified
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